https://www.business-standard.com/economy/news/gst-suppliers-giving-discounts-must-ensure-undertaking-from-client-cbic-124062700654_1.html Clipped from: https://www.business-standard.com/economy/news/gst-suppliers-giving-discounts-must-ensure-undertaking-from-client-cbic-124062700654_1.html Currently, there is no mechanism to track whether the Input Tax Credit (ITC) on such discounts has been reversed or not The
Financial system resilient, banks GNPAs fall to multi-year low at 2.8%: RBI | Finance News – Business Standard
https://www.business-standard.com/finance/news/financial-system-resilient-banks-gnpas-fall-to-multi-year-low-at-2-8-rbi-124062700700_1.html Clipped from: https://www.business-standard.com/finance/news/financial-system-resilient-banks-gnpas-fall-to-multi-year-low-at-2-8-rbi-124062700700_1.html Scheduled Commercial Banks’ GNPA ratio fell to a multi-year low of 2.8 per cent and the net non-performing assets (NNPA) ratio to
Truecaller, HDFC ERGO tie up for insurance product to safeguard subscribers | Company News – Business Standard
https://www.business-standard.com/companies/news/truecaller-hdfc-ergo-tie-up-for-insurance-product-to-safeguard-subscribers-124062700648_1.html Clipped from: https://www.business-standard.com/companies/news/truecaller-hdfc-ergo-tie-up-for-insurance-product-to-safeguard-subscribers-124062700648_1.html Truecaller in a release said that amid rising cases of cyber fraud, the insurance offering underscores its commitment to combating fraud and
RBI Governor Das cautions against tech-led disruptions in financial system | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-governor-das-cautions-about-tech-led-disruptions-in-financial-system-124062700742_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-governor-das-cautions-about-tech-led-disruptions-in-financial-system-124062700742_1.html Matrix of financial stability at its best, challenge is to improve, says Das Mumbai: Reserve Bank of India Governor Shaktikanta Das addresses
Govt to give 5-yr extension for export credit scheme amid economic slowdown | Budget 2024 News – Business Standard
https://www.business-standard.com/budget/news/govt-to-give-5-yr-extension-for-export-credit-scheme-amid-economic-slowdown-124062700788_1.html Clipped from: https://www.business-standard.com/budget/news/govt-to-give-5-yr-extension-for-export-credit-scheme-amid-economic-slowdown-124062700788_1.html In the upcoming Budget 2024, there may be a five-year extension of the scheme for pre- and post-shipment rupee export credit Listen
Banks’ LCR declines to 130% from 135% between September, March: RBI | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-lcr-declines-to-130-from-135-between-september-march-rbi-124062700925_1.html Clipped from: https://www.business-standard.com/finance/news/banks-lcr-declines-to-130-from-135-between-september-march-rbi-124062700925_1.html The report said that banks’ efficiency indicators weakened due to rising staff costs and an increased cost-to-income ratio Photo: Bloomberg Listen to
HDFC Bank imposes fee on credit card rent payments via CRED, Paytm, others | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/hdfc-bank-imposes-fee-on-credit-card-rent-payments-via-cred-paytm-others-124062700933_1.html lipped from: https://www.business-standard.com/finance/personal-finance/hdfc-bank-imposes-fee-on-credit-card-rent-payments-via-cred-paytm-others-124062700933_1.html Earlier this year, ICICI Bank and SBI Cards stopped offering reward points for rent payments on several credit cards Listen to This
Health insurance application declined? Here’s what you need to know | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html The insurance companies take a decision to provide coverage based on the risk assessment of an individual’s medical condition Notwithstanding the growth
Banks’ gross NPA ratio falls below 3%, a first since 2012: RBI report | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-gross-npa-ratio-falls-below-3-a-first-since-2012-rbi-report-124062700950_1.html Clipped from: https://www.business-standard.com/finance/news/banks-gross-npa-ratio-falls-below-3-a-first-since-2012-rbi-report-124062700950_1.html To meet min capital requirement even under severe stress Illustration: Binay Sinha Listen to This Article Asset quality of commercial banks continued
RBI’s action against regulated entities rises even as amounts fall | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-s-action-against-regulated-entities-rise-even-as-amounts-fall-124062700932_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-s-action-against-regulated-entities-rise-even-as-amounts-fall-124062700932_1.html According to Financial Stability Report, the enforcement action by the banking regulator increased to 161 entities in December 2023 – May 2024
MSME ministry targets onboarding 500,000 micro, small enterprises on ONDC | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Clipped from: https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Addressing an event on International MSME Day, Manjhi said MSMEs will be a key force in the movement towards Atmanirbhar and Viksit
Article suggests there is scope for India to improve Medical Tourism Index– which is 10th at present
Big blow for insurance companies! IRDAI cracks down on insurers’ misleading ad practices – Money News | The Financial Express
https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ Clipped from: https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ According to IRDAI, insurers need to ensure that all grievances are resolved within specific timelines and a written acknowledgment of a grievance
Book Review | One for free trade – Lifestyle News | The Financial Express
https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ Clipped from: https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ An essential manual that can serve as a guiding force for trade policy. The book focuses primarily on the subject of free
Tax rates changed for goods & services – Check what gets cheaper and costlier – Budget 2024 News | The Financial Express
https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ Clipped from: https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ The Council has exempted the purchase of railway tickets and payments for waiting room and cloak room charges from GST. The Council
Prioritise reforms in GST rates, procedures – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Bring alcohol and fuel into GST ambit; shun punitive approach to mopping up taxes Nearly seven years after its inception, there can
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